New Serbia highways on track for completion

Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km
August 12, 2015 Read time: 1 min
Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km long.
Finance & Funding Road Structures

Related Content

  • Serbia in talks with Shandong Hi-Speed and China Road and Bridge
    October 22, 2014
    Talks are underway between the Serbian Ministry of Construction, Transport and Infrastructure and two Chinese companies for construction and maintenance the two sections of the Belgrade-Pozega part of the E-763 motorway. The two Chinese companies, Shandong Hi-Speed Group and the China Road and Bridge Corporation (CRBC), are hoping to build the 18km stretch between Surcin and Obrenovac, the 31km between Preljina and Pozega and the 103km between Obrenovac and Preljina. No value of the work has been conf
    Read More
  • Serbia reduces cost of highway construction
    March 22, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget.
    Read More
  • Serbia seals the deal for start of Belgrade Corridor 11 ring-road
    July 21, 2016
    Serbian vice president Zorana Mihajlovic has held talks with Li Manchang, China's Ambassador to Serbia in Serbia, for continuation of works on Belgrade’s ring road. According to the political magazine B92, Mihajlovic also signed a memorandum of understanding with Azvirt, the company from Azerbaijan, and China's Sinohidro. Discussions included continuation of work on the Surcin-Obrenovac part of the Corridor 11 motorway. A commercial deal for the project has already been signed with the China Communica
    Read More
  • Progress on Serbia’s Zezeljev bridge replacement is slow
    August 30, 2017
    Construction of the Zezeljev rail and road bridge across the Danube River is facing further delays, according to the Serbian government. Work on the 470m-long new bridge was supposed to be finished by this month. But national elections and changes of government have hampered progress, Serbian media have reported. The original bridge was completed in 1961 as a single-track railway line and separate roadway between the cities of Novi Sad and Petrovaradin. NATO attacked the structure five times during its camp
    Read More

Highlighted Content